118: Turning Variable Compensation into Consistent Income with Mike Witkowski

You don’t often hear me speak directly to new advisors...but, that’s about to change! 

I’ve got a guest who is going to speak straight to those advisors in their first couple of years that are adjusting to variable compensation, trying to figure out how to run the financial side of a business, and growing their practice. My guest Mike Witkowski has been successfully launching new advisors for over 13 years and has refined his process down into his M.O.N.E.Y. strategy. His  M.O.N.E.Y. strategy has helped new advisors create stable income from a variable revenue source in a way that creates consistency, puts your spouse's mind at ease, and helps you create a financial plan for the future of the business. Mike’s specialty is simplifying the complexities of launching a new practice.

So whether you’ve been in the business 5 months, 5 years, or are a veteran advisor helping develop and mentor new advisors, I think Mike’s approach to managing income is a helpful tool for any advisor at any level. 

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Book Mention: G2: Building the Next Generation by Philip Palaveev
Book Mention: New Financial Advisor by Nick Murray
Book Mention: Built to Sell by John Warrilow

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